
Equatorial Guinea: Capital investment, percent of GDP
* indicates monthly or quarterly data series
Equatorial Guinea |
Capital investment as percent of GDP |
---|---|
Latest value | 10.89 |
Year | 2019 |
Measure | percent |
Data availability | 2005 - 2019 |
Average | 27.44 |
Min - Max | 10.89 - 41.15 |
Source | The World Bank |
The latest value from 2019 is 10.89 percent, a decline from 12.5 percent in 2018. In comparison, the world average is 24.16 percent, based on data from 165 countries. Historically, the average for Equatorial Guinea from 2005 to 2019 is 27.44 percent. The minimum value, 10.89 percent, was reached in 2019 while the maximum of 41.15 percent was recorded in 2012.
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* indicates monthly or quarterly data series
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The capital investment in Equatorial Guinea and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Capital investment, percent of GDP | 10.89 | 2019 | percent |
Capital investment, in dollars | 1.15 | 2023 | billion U.S. dollars |
Household consumption, percent of GDP | 52.68 | 2023 | percent |
Household consumption, in dollars | 6.50 | 2023 | billion U.S. dollars |